2014 JOD to GEL Historical Review

YEARLY HIGH

2.5990 GEL

YEARLY LOW

2.4571 GEL

YEARLY AVERAGE

2.4865 GEL

2014 JOD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JOD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 2.5990. Conversely, the yearly low was recorded on February 14, dropping to 2.4571.

This high-to-low spread represents a total annual volatility of 0.1419 GEL. From a start-to-finish perspective, comparing the January average rate of 2.4935 to the December average rate of 2.5170, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.5990 was up 5.20% compared to the 2013 peak of 2.4704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JOD based on timing:

Yearly Peak High 12,995 GEL

2013 Average 11,755 GEL

Yearly Trough Low 12,285 GEL

Transaction Impact: A difference of 709.60 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.5224

2.4575

JanuMarcMayJulySeptNove

JOD to GEL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.4854, compared to 2.4876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 2.4854

H2 Avg (Jul–Dec) 2.4876

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.1220 GEL (High: 2.5990 / Low: 2.4770). On the other end, June was the most stable month, with a tight range of 0.0084 GEL (High: 2.4979 / Low: 2.4895).

December Spread (Volatile) ±0.1220

June Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0221 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.5170) against the same month in 2013 (average: 2.4484), the exchange rate shifted by +0.0686 (+2.80%).

2014 Avg (December) 2.5170

2013 Avg (December) 2.4484

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5141	2.4696	2.4935
February	2.5122	2.4571	2.4781
March	2.4844	2.4644	2.4738
April	2.4959	2.4766	2.4834
May	2.4983	2.4802	2.4893
June	2.4979	2.4895	2.4944
July	2.4939	2.4637	2.4850
August	2.4682	2.4583	2.4629
September	2.4780	2.4644	2.4730
October	2.4841	2.4756	2.4792
November	2.5614	2.4795	2.5083
December	2.5990	2.4770	2.5170